BTC CME continues to move within a sideways range, offering no clear trend direction at the moment.
As outlined earlier, the key zones remain unchanged:
Long confirmation: Break and consolidation above 95,000.
Short confirmation: Breakdown of the trendline below 90,000.
Currently, the asset is pressing toward the lower boundary of the range.
If the price breaks through and retests the trendline from below, I will expect further downside continuation with a move toward the previous month’s lows.
As outlined earlier, the key zones remain unchanged:
Long confirmation: Break and consolidation above 95,000.
Short confirmation: Breakdown of the trendline below 90,000.
Currently, the asset is pressing toward the lower boundary of the range.
If the price breaks through and retests the trendline from below, I will expect further downside continuation with a move toward the previous month’s lows.
Trading is the hardest road to easy money.
On the market since 2018
Analytics and opinions on the stock market, forex and crypto markets.
Analytics, algorithmic trading, psychology, market overview and training.
On the market since 2018
Analytics and opinions on the stock market, forex and crypto markets.
Analytics, algorithmic trading, psychology, market overview and training.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Trading is the hardest road to easy money.
On the market since 2018
Analytics and opinions on the stock market, forex and crypto markets.
Analytics, algorithmic trading, psychology, market overview and training.
On the market since 2018
Analytics and opinions on the stock market, forex and crypto markets.
Analytics, algorithmic trading, psychology, market overview and training.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.